Word: soured
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Dates: during 1980-1989
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China's population is thus not only China's problem but the world's. And so one moves inescapably to China's world view and its sour relations with...
...bankers, however, were still watching the Latin American conference closely. They have invested $96 billion in the region, and many of those debts are turning sour. Problem foreign loans have more than doubled for Chase Manhattan and Citicorp during the past year. Chase said it considered $976 million of overseas lending to be "nonperforming" as of last June 30, compared with $427 million on the same date a year ago. Borrowers have at least temporarily stopped payments on such loans. Citicorp reported hat its nonperforming foreign loans had climbed to $1.7 billion on June 30, up 143%. Citicorp said...
...sour ending to an otherwise happy holiday. For three weeks Christina Onassis, 32, had frolicked on the beaches of Skorpios, made side trips to other Greek islands and nibbled-well, all right, feasted-on the local cuisine. But when the heiress boarded her personal Learjet to fly home to Nice, France, from Aktion military airport last week, an official took her passport and forbade her to leave the country. Reason: a pending court case in which the Greek government claims that Christina owes $33 million worth of inheritance taxes on her father's property. That was when Christina began...
...undergraduates say they are "better off with" the current form of student government. With 14 percent unsure, only 11 percent wish the Undergraduate Council was not in place. But the downfall of the Student Assembly provides a chilling reminder of how quickly plans for effective College governance can sour: With an initial voter turnout of more than 50 percent and three times as many candidates as seats, the government met with great enthusiasm, but within two years it had become a volunteer organization...
...Texas, anxious depositors withdrew $447 million during the first half of the year from the First National Bank of Midland (assets: $1.5 billion), whose loans to oil and gas producers turned sour. Earlier this month, the bank reported a second-quarter loss of $109.3 million. Many banks are now teetering on the brink of collapse. At the end of July, the Federal Deposit Insurance Corporation listed 540 "problem" banks, ranging from small state-chartered ones with too many weak agricultural loans to nationally chartered banks with bad business loans. Among the 540, the FDIC secretly lists dozens as likely...